KEY FINDINGS
- Economic restructuring and greater integration with the international economic system has brought Vietnam impressive gains in wealth, trade, and investment.
- Such efforts have not, however, resolved Vietnam’s ‘missing middle’ or the lack of a productive domestic private sector and the continued dominance of the state-owned sector.
- While these challenges represent a risk to Vietnam’s future growth potential, initiatives such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership provide an opportunity for further trade and investment expansion.